May 17, 2012 8:55 AM | 1 min read |
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Wunderlich Securities initiates its coverage on Landstar Systems (NASDAQ: LSTR) with a Hold rating and a price target of $59 a share. Wunderlich Securities says, "LSTR provides transportation solutions via its differentiated network of business capacity owners (BCOs) and broker carriers, which connect to shippers through the company's 1,000+ agents. The asset-light infrastructure allows LSTR to generate outstanding margins while also avoiding one of the natural constraints on capacity growth: driver availability. Despite the advantages of such a model, we see earnings growth slowing from 30%+ in 2010 and 2011 to 16% in 2012, as key verticals like energy decelerate. While other segments such as housing and construction show signs of bottoming, growth in those areas is unlikely to resume near term."LSTR closed at $55.27 on Wednesday.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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